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ARROW ELECTRONICS, INC. — Director's Dealing 2023
Dec 29, 2023
30895_dirs_2023-12-29_bfe184bb-a3e8-4e1c-b460-d99a7c41ecde.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ARROW ELECTRONICS, INC. (ARW)
CIK: 0000007536
Period of Report: 2023-12-28
Reporting Person: Kerins Sean J (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-28 | Common Stock | M | 7043 | $56.71 | Acquired | 75887 | Direct |
| 2023-12-28 | Common Stock | F | 4910 | $122.87 | Disposed | 70977 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-28 | Employee Stock Option (Right to Buy) | $56.71 | M | 7043 | Disposed | 2024-02-17 | Common Stock (7043) | Direct |
Footnotes
F1: Represents a "net exercise" of 7,043 outstanding stock options. 4,910 shares were withheld by the company for payment of the exercise price and applicable taxes at a share price of $122.87. The remaining net 2,133 shares were issued to, and retained by, the reporting person.
F2: The company granted these options on February 18, 2014 under the company's 2004 Omnibus Incentive Plan, as amended. The shares subject to the option were fully vested and exercisable.
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